United States National Bank v. Brunton

This case involves the construction of a trust agreement, dated August 29, 1927, executed by Katherine K. Brunton, as donor, and the United States National Bank of Denver, as trustee. The trustee proceeded to disburse the residue of the income in accordance with article V of said instrument which, beginning with paragraph 2 thereof, is as follows:

“2. During the life of David W. Brunton, husband of the donor, fifty per cent (50%) of the net income arising from the trust estate shall be paid by the trustee to the said David W. Brunton.

“3. After the death of David W. Brunton, and during the…